In the report on the operational results for 2024, GDT recorded a significant difference in net profit (NP) compared to the same period in 2023. The main reasons for this difference were identified from several factors such as changes in market demand, fluctuations in raw material prices, and an increase in production costs.
Specifically, in 2024, GDT made efforts to optimize production processes and improve product quality. However, the rise in operational costs affected the final results. Moreover, the expansion into international markets presented GDT with many new challenges, including competition and tax policies.
Although the profit margin decreased, GDT still maintained operational stability thanks to sustainable investment strategies and the development of new products. The company expects to continue adjusting its business plan in the coming year to achieve long-term goals.
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